Jan 22 (Reuters) - Australian diversified miner South32 Ltd (S32) posted a near 50% drop in second-quarter metallurgical coal output on Monday, as the Illawarra operation completed two planned longwall moves, including a planned extended outage at the Dendrobium mine.
The Perth-based miner said production of metallurgical coal, used to make steel, fell to 744,000 tonnes in the three months to December, from 1.5 million tonnes (mt) a year earlier.
That compares with Macquarie's estimate of 1.0 mt and Morgan Stanley's estimate of 1.1 mt.
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Last
$2.87 |
Change
0.025(0.88%) |
Mkt cap ! $12.93B | |||
| Open | High | Low | Value | Volume |
| $2.82 | $2.89 | $2.81 | $28.40M | 9.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 90 | 316143 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 256088 | 47 |
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| Last trade - 13.28pm 26/06/2025 (20 minute delay) ? |
| S32 (ASX) Chart |